Bank of China to provide additional $59.3 million for Phase II of Ebolowa-Kribi and Mbalmayo-Mekin transmission lines construction (Linked to Project ID#57596)
Pledged amount
$ 66627381.50714487
Adjusted pledged amount
$ 66627381.50714487
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Bank of China (BOC) [State-owned Commercial Bank]
Recipient
Cameroon
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Unallocable
Infrastructure
Yes
Category
Project lifecycle
Description
On June 28, 2019, Bank of China and the Government of Cameroon may have signed a loan agreement for phase II of the Ebolowa-Kribi and Mbalmayo-Mekin transmission lines construction project. The project is intended to alleviate the instability of Cameroon's electricity grid. The loan was for $59.3 million USD. The first phase of the project was also funded by Bank of China (as captured via Project ID#57596).
Additional details
1. There is insufficient evidence that a loan agreement was finalized, so AidData has status coded this project as Pipeline: Pledge for the time being. See Staff Comment #2 in Project ID#57596.
Number of official sources
2
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Cameroon [Government Agency]